Plug Power Acquires Joule Processing, Enters Strategic Collaboration with Atlas Copco Gas and Process and Fives to Expand Offerings for Global Hydrogen Liquefaction Market

Acquisitions

Summary

Plug Power is expanding its hydrogen liquefaction business through the acquisition of Joule Processing. The company is also partnering with Atlas Copco Gas and Process and Fives to strengthen its global offering. These moves target the growing hydrogen market and aim to improve Plug Power’s position in liquefaction infrastructure. The announcement signals a broader push to scale capabilities and market reach in industrial energy systems.

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Industrial Software SaaS Manufacturing Analytics

Linked Companies

Fives Group
$500M to $1B